empty
27.06.2025 11:58 AM
Update on US stock market on June 27. SP500 and NASDAQ reach new highs

The S&P 500 rose by 0.80%, while the Nasdaq 100 added 0.97%. The Dow Jones Industrial Average climbed by 0.84%.

Stocks gained amid talks that the US is getting closer to trade agreements with China and other major trading partners, including India. Expectations of interest rate cuts by the Federal Reserve this year also increased, especially after yesterday's weak US GDP report.

This image is no longer relevant

Europe's Stoxx Europe 600 index rose 0.6% after Friday's data showed that French inflation remained significantly below the European Central Bank's 2% target. S&P 500 futures grew 0.3% after the index hit a new all-time high.

Market euphoria is fueled by hopes of a swift resolution to trade disputes that have weighed on the global economy in recent months. Reaching agreements with China and other key partners could boost international trade, strengthen supply chains, and improve business confidence. At the same time, weak macroeconomic data from the US, especially the disappointing GDP report, has led investors to expect a more dovish monetary policy from the Federal Reserve. Interest rate cuts typically support equities by making borrowing cheaper for companies and increasing the appeal of risk assets.

However, it's important to remember that trade negotiations are complex and unpredictable. Similarly, a decision to cut rates rests solely with the Federal Reserve and will depend on further economic data. Investors should remain cautious and consider both positive and negative potential scenarios.

US Commerce Secretary Howard Lutnick stated that the US and China have reached an agreement, though no details have been provided yet.

This week, a series of Fed officials made it clear that they would need a few more months to gain confidence that tariff-driven price increases won't lead to sustained inflation. Economists believe that today's core Personal Consumption Expenditures (PCE) index — which excludes food and energy — will show the lowest reading in the past three months. Clearly, the market is in a state of euphoria, hoping that inflation is cooling and that the Fed will be able to begin cutting rates soon. A soft PCE reading could reinforce those expectations.

This image is no longer relevant

Technical outlook for S&P 500

Today, the key task for buyers will be to break through the nearest resistance level at 6,169. Achieving this would support further gains and open the path to a move toward 6,185.

Equally important for the bulls is to establish control above the 6,200 level, which would further strengthen the buyers' position.

If the market moves lower due to a decline in risk appetite, buyers must step in around the 6,152 area. A break below this level would quickly push the instrument back to 6,138 and potentially open the door to a decline toward 6,127.

Jakub Novak,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Pavel Vlasov
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Stock market on August 20: S&P 500 and NASDAQ faced heavy sell-off

By the end of yesterday, US stock indices closed mixed. The S&P 500 fell 0.59%, while the Nasdaq 100 dropped 1.46%. The Dow Jones Industrial Average gained 0.02%. The sell-off

Jakub Novak 10:26 2025-08-20 UTC+2

Stock Market on August 19: SP500 and NASDAQ stuck within range

As of yesterday, US stock indices closed mixed. The S&P 500 slipped 0.01%, while the Nasdaq 100 gained 0.03%. The Dow Jones Industrial Average fell 0.08%. Equities traded

Jakub Novak 09:01 2025-08-19 UTC+2

S&P 500 Forecast for August 19, 2025

S&P 500 On the daily chart of the S&P 500 index, a reversal "nine" has formed for the fifth time in a row according to the Sequential indicator (T. DeMark)

Laurie Bailey 05:29 2025-08-19 UTC+2

Stock Market on August 18: SP500 and NASDAQ await fresh drivers

Last Friday, US stock indices ended the session in decline. The S&P 500 slipped by 0.20%, Nasdaq 100 lost 0.40%, while the Dow Jones Industrial Average managed a modest gain

Jakub Novak 09:08 2025-08-18 UTC+2

US stocks extend gains as S&P 500 and Nasdaq edge higher

On August 15, the US stock market extended its strong rally, with the major indices closing slightly higher. The S&P 500 gained 0.03%, the Nasdaq 100 added 0.01%

Jakub Novak 09:22 2025-08-15 UTC+2

Stock market on August 14: S&P 500 and Nasdaq hit new all-time highs

At the end of yesterday's session, US stock indices closed higher. The S&P 500 gained 0.32%, while the Nasdaq 100 rose by 0.14%. The Dow Jones Industrial Average added 1.04%

Jakub Novak 08:54 2025-08-14 UTC+2

Stock market on August 13: S&P 500 and Nasdaq rally on inflation data

By the end of yesterday's session, US stock indices closed higher. The S&P 500 rose by 1.13%, while the Nasdaq 100 jumped by 1.39%. The industrial Dow Jones gained 1.10%

Jakub Novak 09:26 2025-08-13 UTC+2

Stock market on August 12: S&P 500 and Nasdaq edge lower

US stock indices ended yesterday's session with losses. The S&P 500 fell by 0.25%, while the Nasdaq 100 slipped by 0.30%. The industrial Dow Jones dropped by 0.45%. However

Jakub Novak 09:29 2025-08-12 UTC+2

Stock market on August 11: S&P 500 and NASDAQ return to growth

Last Friday, US stock indices closed higher. The S&P 500 gained 0.78%, while the Nasdaq 100 added 0.97%. The industrial Dow Jones rose by 0.47%. Today, US and European stock

Jakub Novak 08:12 2025-08-11 UTC+2

Stock market on August 8: S&P 500 and Nasdaq see minor correction

As of yesterday's close, US stock indices finished mixed. The S&P 500 fell by 0.08%, while the Nasdaq 100 gained 0.35%. The Dow Jones Industrial Average declined by 0.51%. European

Jakub Novak 10:15 2025-08-08 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.